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Quaker BioVentures CERTIFIED

No New Investments Warning:
Members have submitted information that the following organization(s) may not be making investments into new portfolio companies. This warning can be contested by submitting proof of a completed investment in a new portfolio company within the last four weeks here.

Firm Rating:

Rated 2.2 / 5.0 by 6

TrackRecord

2.5

OperatingCompetence

2.5

PitchingEfficiency

2.3

FavorableDeal Terms

2.0

ExecutionAssistance

1.8

Firm Homepage:

FIRM OVERVIEW: Large Private VC founded in 2003 based out of Philadelphia, USA (US East)

FIRM DESCRIPTION: Quaker BioVentures is a venture capital firm investing only in life science companies. The firm leads investments across the spectrum of the life science industry, including biopharmaceuticals, medical devices, human diagnostics, specialty pharmaceuticals, and healthcare services. Quaker BioVentures invests in companies at all stages of development, from early stage businesses to public companies. The firm was formed in 2003 and is currently investing Quaker BioVentures II, which was formed in 2007. Quaker BioVentures manages over $700M in committed capital.

I founded and led a company locally to Philadelphia which I took all the way to a successful FDA approval and an exit - the company was acquired by a big pharma. Over the years I've met and interacted with most of the people employed at this VC as well as swapped notes with other local CEOs. The bottom line is always the same - they listen to the pitch, create some busy work and then silence. I can't think of any substantial investment that they made as a lead in the recent past - they seem to be managing current portfolio only. They are time wasters.

Posted by
Mal Practice
on 2011-08-03

PUBLIC:

If you're on the East Coast or in the Philadelphia area you will probably be advised to seek out Quaker Bioventures. My current advice would be to stay away as they are not making investment but supporting current portfolio.

Although we managed to interest them with our tech...they didn't ask good questions and appear to be a trend following group. 'Are they interested" if yes then we're interested' kinda mentality. I am hard pressed to see ANY insights/advice or what they would bring besides the capital.

Their supposed success may have more to do with lack of VC competition in the Mid-Atlantic region than anything else.